Search
DiNapoli Releases Analysis of Executive Budget
… urged the Executive to remove language in the 30-day amendment period that seeks to require the comptroller’s … Aid would increase by $826 million, or 3 percent, to $28.5 billion in the coming school year. This increase is less … data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly requested data. …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-releases-analysis-executive-budgetDiNapoli: MTA Faces Worst Financial Crisis in History
… The Metropolitan Transportation Authority (MTA) is facing the greatest crisis in its long history, with … Comptroller Thomas P. DiNapoli’s annual report on the MTA’s finances . “The MTA’s financial condition is dire,” DiNapoli said. “With …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-mta-faces-worst-financial-crisis-historyDiNapoli: Audit Finds NYC Needs to Improve Income Verification and Enforcement at Mitchell-Lama Housing
… make far more than the program’s maximum allowed incomes and pay a modest monthly surcharge as their only penalty, … found the New York City Department of Housing Preservation and Development (HPD) has not done enough to verify that residents are reporting their true income and are paying the correct surcharge when their income …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-audit-finds-nyc-needs-improve-income-verification-and-enforcement-mitchell-lama-housingState Comptroller DiNapoli Releases Audits
… events required the railroad’s Emergency Management Task Force (EMTF) to be placed on standby or activated; however, …
https://www.osc.ny.gov/press/releases/2021/08/state-comptroller-dinapoli-releases-audits30% New York State Initiative
… New York State Initiative to ensure that New York State food products are provided to children as part of their lunch … with children have experienced the highest rates of food insecurity since 2020—as high as 16% in 2022. Even with lower rates of food insecurity in the first 3 months of 2024, roughly one in …
https://www.osc.ny.gov/state-agencies/audits/2025/10/16/30-new-york-state-initiativeDiNapoli: Proposed Congressional Cuts to SNAP Program Mean More New Yorkers Without Enough Food
… Action Under Consideration Would Be Detrimental The House approved the “One Big Beautiful Bill Act” and the … been funded by the federal government. Under the House reconciliation bill, states would be required to make a … cost New York up to $1.2 billion in new costs, while the House proposal would cost the state up to $2 billion …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-proposed-congressional-cuts-snap-program-mean-more-new-yorkers-without-enough-foodDiNapoli: Wall Street's 2024 First Half Profits of $23.2B Were 79.3% Higher Than Last Year
… increase over the same period last year and buoyed by securities trading, underwriting, and selling. Annual profits … over 2023’s first half, including supervisory fees (up $5.6 billion), securities trading (up $5.2 billion), and … since 2019 came in 2022 when firms added 11,300 positions (6.3%). New York continues to be the nation’s financial …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-wall-streets-2024-first-half-profits-232b-were-793-higher-last-yearDiNapoli Report Tracks MTA's Shifting Revenue Streams
… has made a stronger recovery, but Long Island Rail Road and Metro-North ridership was still 17% and 22% below … dropped from 37% in 2019 to 33% in 2020, increased to 40% in 2024 with the state approval of an increase to the … transportation, and transmission companies — in the MTA’s service area. This surcharge brought MTA $2.3 billion in …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-report-tracks-mtas-shifting-revenue-streamsDiNapoli: Construction Jobs in NYC Not Fully Recovered From Pandemic Amid Lower Demand for Nonresidential Projects
… DiNapoli’s report notes that the composition of the labor force and recent immigration enforcement actions by the …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-construction-jobs-nyc-not-fully-recovered-pandemic-amid-lower-demand-nonresidential-projectsFrequently Asked Questions – World Trade Center Presumption
… to take advantage of this presumption? Will this law grant me an accidental disability benefit? I am an active member. … an accidental disability benefit. Does this law provide me with any additional retirement benefit? I am retired and … done at one of the above locations. Will this law grant me an accidental disability benefit? No, this law only …
https://www.osc.ny.gov/retirement/publications/world-trade-center/frequently-asked-questionsDiNapoli: $10 Million Ponzi Scheme Unraveled Following Nassau County District Attorney Investigation
… maximum of five to 15 years in prison. "Taking a page from Bernie Madoff's playbook, these defendants allegedly preyed … expenses. I encourage any victims of this scheme to contact my office." DA Singas said that beginning in January … Brody, or any investment professional, is encouraged to contact the Nassau County DA's Financial Crimes Bureau at …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-10-million-ponzi-scheme-unraveled-following-nassau-county-district-attorney-investigationDiNapoli: Wall St. Profits on Pace to Beat 2017
… Securities industry pretax profits totaled $13.7 billion in … absent a setback later in the year," DiNapoli said. "The securities industry is a major source of revenue for New York … underwriting, trading and other income related to the securities business. The average salary (including bonuses) …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-wall-st-profits-pace-beat-2017Comptroller DiNapoli Releases Annual Review of MTA Finances
… to come, and riders could face reduced services, unplanned fare hikes, and deterioration of the system.” The MTA’s … in March 2023. Since 2007, the average subway and bus fare has grown by 62 percent, three times faster than … has cost the MTA more than $250 million annually in lost fare revenue. An economic setback during the financial plan …
https://www.osc.ny.gov/press/releases/2019/09/comptroller-dinapoli-releases-annual-review-mta-financesDiNapoli: Audit Finds Major Shortcomings in Oversight of School Safety Planning
… The State Education Department (SED) needs to improve its efforts to ensure school districts are following state requirements … plans are shared with local first responders, according to an audit released today by State Comptroller Thomas P. … The State Education Department SED needs to improve its efforts to ensure school districts are …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-audit-finds-major-shortcomings-oversight-school-safety-planningComptroller DiNapoli Releases State Audits
… two vendor contracts were awarded and modified by $16.9 million, but the documentation in support of the vendor … and Historic Preservation (OPRHP): Controls Over Cash Advance Accounts (2014-S-22) Auditors found OPRHP … or report them to OSC as required by state law. The petty cash account, which had not been reconciled in at least …
https://www.osc.ny.gov/press/releases/2015/01/comptroller-dinapoli-releases-state-auditsOpinion 88-27
… is a voluntary agreement to the contrary. June 15, 1988 Richard E. McLenithan, Esq., Village Attorney Village of …
https://www.osc.ny.gov/legal-opinions/opinion-88-27Opinion 88-24
… rendered. The opinion may no longer represent those views if, among other things, there have been subsequent court cases or statutory amendments that … to your letter asking whether a town board member would have a prohibited conflict of interest if the board member …
https://www.osc.ny.gov/legal-opinions/opinion-88-24Opinion 2009-2
… as a part of the general levy for town purposes ( see 1989 Ops St Comp No. 89-54, at 122; 1986 Ops St Comp No. 86-45, at 74). 2 Town Law § 209-q (13) (a), … area of the town outside of any villages ( see e.g . 1987 Ops St Comp No. 87-27, at 43; Office of the State …
https://www.osc.ny.gov/legal-opinions/opinion-2009-2Opinion 91-30
… This opinion represents the views of the Office of the State Comptroller at the time it was … of contracts with the town would have a prohibited conflict of interest if the town purchases materials in … holds State and county contracts would have a prohibited conflict of interest if the town purchases materials in …
https://www.osc.ny.gov/legal-opinions/opinion-91-30Opinion 94-13
… engaging in prohibited employment requires an adversarial hearing at which the municipality has the burden of proof. … district is liable for all medical treatment and hospital care furnished during such disability. Section 207-a(2) of … of payments under section 207-a requires an adversarial hearing at which the municipality has the burden proof (see …
https://www.osc.ny.gov/legal-opinions/opinion-94-13